Grid Upgrades Underway to Benefit JCP&L Customers in Burlington and Ocean Counties
Rhea-AI Summary
FirstEnergy Corp. (NYSE: FE) subsidiary JCP&L has initiated a $3.2 million grid upgrade project in Burlington and Ocean counties, New Jersey, benefiting approximately 2,500 customers. The two-phase project, scheduled for completion in July 2025, covers over four miles of power lines across North Hanover, New Hanover, and Plumsted townships.
The first phase includes infrastructure upgrades with stronger wires and poles, enhanced fuses, reclosers, and TripSaver devices for improved outage management. The second phase involves constructing a new power line to meet current and future demand. This initiative is part of JCP&L's Supplemental High Priority Circuit Program and FirstEnergy's broader Energize365 program, which plans to invest $26 billion between 2024-2028 across six states for grid modernization.
Positive
- Investment of $3.2 million in grid infrastructure improvements
- Part of larger $26 billion Energize365 program (2024-2028)
- Implementation of advanced technology (TripSaver devices) for better outage management
- Infrastructure expansion to accommodate future growth
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, FE declined 1.29%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Project anticipated to be completed in summer 2025
Equipment enhancements will take place along more than four miles of overhead and underground power lines in North Hanover, New Hanover and Plumsted townships.
Doug Mokoid, FirstEnergy's President,
The first phase will provide upgrades to two sections of power line originating out of a JCP&L substation in
- Replacing existing infrastructure with thicker, stronger wires and poles that can safely carry more electricity and provide more resiliency in storms.
- Upgrading fuses and installing additional devices and reclosers that allow power to be rerouted to adjacent lines when an outage occurs, minimizing the number of impacted customers.
- Installing TripSaver devices, which sense temporary abnormalities along power lines, such as a tree branch bouncing off lines, and automatically reenergize the line after the condition has passed without having to send a crew to investigate.
- Additional tree trimming and vegetation management along power lines.
The second phase will include the construction of a new power line to better meet current and future customer demand. The new line will tie into existing lines, enhancing reliability by increasing the ability for power to be switched and damage isolated in the event of outages.
The work is part of JCP&L's Supplemental High Priority Circuit Program, which expands upon the company's New Jersey Reliability Improvement Project, a two-phase effort to enhance reliability for customers on high-priority lines selected based on historical outage data.
The JCP&L reliability programs are part of Energize365, FirstEnergy's grid evolution program focused on investing
JCP&L serves 1.1 million customers in the counties of
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in
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SOURCE FirstEnergy Corp.